Jessica Karl, Columnist

SBF Might Have Spoiled Dinner for Everyone

But the collapse of FTX might lead to some sorely needed moderation for crypto markets.

Bankman’s black hole.

Illustration: Jessica Karl

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Serious question: What do we think Sam Bankman-Fried is doing right now? Frying eggs? Eating breakfast? Reading the newspaper? I mean, what does one do on a Sunday after the worst week of their life?

Seven days ago, he had $16 billion. Today, he has $0. Do we think he’s … crying? I would cry: